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Crane Constructors, Inc. has consistently used the percentage - of - completion method of recognizing income. In 2 0 2 4 , Crane started work

Crane Constructors, Inc. has consistently used the percentage-of-completion method of recognizing income. In 2024, Crane started work on a $61740000 construction contract that was completed in 2025. The following information was taken from Crane's 2024 accounting records:
\table[[Progress billings,$19404000
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